Washington

The Municipal Securities Rulemaking Board on Tuesday released a regulatory notice detailing new core conduct requirements for municipal advisors.

Oregon's Municipal Debt Advisory Commission Task Force will gather information about new categories of debt incurred by local governments, including bank loans and lines of credit.

The Municipal Securities Rulemaking Board had $69.52 million of net assets at the end of September, nearly triple the $25.94 million it had five years ago, according to MSRB financial documents.

Public pension fund advisors are among a handful of new examination priorities for the Securities and Exchange Commission in 2016.

Christopher Brogdon, facing Securities and Exchange Commission charges for defrauding investors in senior living facility financings, has been ordered by a federal court in New Jersey to create a plan to pay those investors.

The Municipal Securities Rulemaking Board is seeking comment on a proposal it says would lessen the effect of interdealer transaction failures on the municipal market while providing needed changes to an outdated rule.

A group of lawyers is urging tax regulators to make some revisions and clarifications to proposed issue price rules to avoid confusion and make the rules more workable.

Most states will be able to issue more private-activity bonds in 2016.

The Municipal Securities Rulemaking Board is seeking applicants to replace seven board members whose terms will end Sept. 30 and has emphasized its interest in applicants to represent investors.

Municipal market groups are ready to band together in 2016 to show the Securities and Exchange Commission that they can improve disclosure practices without increased regulation, even as the commission is set to continue publishing settlements with underwriters and issuers who have failed to comply with their continuing disclosure obligations.